Essay about The Impossible American Dream

950 Words 4 Pages
The American Dream is known to be a hope for a better, richer, happier life for all citizens of every class. For almost all Americans, this entails earning a college degree, gaining a good job, buying a house, and starting a family. Although this seems wonderful, a large amount of the American population believes that the Dream has changed immensely because of increased prices in today’s society, the price of tuition being highly unaffordable, as well as the unemployment rate skyrocketing and weaker job growth. While some American citizens believe it has changed, others believe that the American Dream has not changed, but point out it is harder to obtain.
There are multiple factors that make the American Dream come true. Researchers
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Generation X began around 1966-1976. The prices of normal goods/ items have generally increased in today’s society (Foroohar, 2011). With newer technology and more efficient ways of living, everything has gone up. One important part of the American Dream is to start a family. With the cost estimating around $241,080.00 for a middle-income couple to raise a child for 18 years, most families can’t keep up (Hicken, 2013). If you do not have a stable job bringing a child you can’t support into today’s society is very difficult. The estimated cost of raising a child does not include college or other endless counts of “wants”. Another part of the American Dream is buying your own home. Recently, the real estate and credit crises caused housing prices to skyrocket, making it impossible for most middle class families to buy homes (Foroohar, 2011). Because demand has been high, it has driven the prices higher, along with mortgage rates. With the government shutdown, mortgage rates slowly increasing, and weaker job growth, less and less families have been able to purchase homes (Home prices rise at fastest pace since 2006, 2013). Another factor that has affected countless Americans is the price of tuition (Foroohar, 2011). For most Americans, a college education is supposed to be the largest financial outlay we will ever make. By going to college and earning a degree, it normally results in receiving a higher paying job with better benefits

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